NOT LISTED FOR SALE

294 70th St Avalon, NJ 08202

Estimated Value: $3,527,000 - $6,390,000

5 Beds
5 Baths
3,861 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $2,000,000 $518 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $28,296/month

74 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Island Location
  • Avalon Elementary School Rated A
  • Property near a bay
  • 4-minute walk to Avalon Bird Viewing Park

About This Home

As of July 2015

Combine an almost 3900 square foot home with 5 bedrooms (4 ensuite), 5 ½ baths, wonderful southend Avalon beaches just over a block away, an amazing back yard oasis complete with heated pool, cabana bar, and 4 decks to enjoy the views, breezes and sounds of the bay and ocean and you have the ideal family vacation home. As you enter the wide first floor hall you know that this is not your typical floor plan you see all over the island. Three spacious bedrooms (2 ensuite) with custom tile baths and a comfortable first floor family room that overlooks your backyard oasis awaits your guests. As you walk up the hardwood staircase you enter the oversized second floor living room with cherry hardwood flooring and vaulted ceilings. Multiple windows, transoms and sliders fill the room with sunlight and ocean breezes. Cozy well thought out living/sitting areas, large dining space for your family get togethers and an oversized granite top center kitchen island will play host to the largest of summer parties. Two master suites span the width of the home, one on the second floor and one on the third floor. Both have private baths and southern facing decks protected by awnings to capture the afternoon sun and wonderful sunsets. The second floor living area opens to a wide deck that wraps the front of the house extending the entertaining space outside. At the end of a busy day on the beach, enjoy a family barbeque and relax poolside in your private oasis. The 70th street location is one of the finest in Avalon. Immaculate and wide 70th Street beach is steps away plus the bird sanctuary and small playground around the corner is the perfect spot for morning walks. Enjoyed by just one owner this home is exceptionally well cared for and maintained. Never a rental but would generate well over $120,000 in summer rents if the new owner chose to rent the home. Sold completely furnished and decorated just bring your bathing suit and move in! See listing agent for further details.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 03/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,745

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Brick Front

Interior Spaces

  • 3,861 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Dining Room
  • Storage
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / 70.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,745

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach and Bay
  • Also Includes: Curtains, Shades, Blinds, Furniture, Window Treatments
  • Estimated Year Built: 2006
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Central Vacuum, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3861
  • Other Rooms: Dining Room, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story
  • Exterior: Brick Face
  • Frontage: 60
  • House Color: Tan
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Detached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 22
  • Lot Size: 60 X 110
  • Total Assessment: 1852700
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 9745.2
  • Assessor Parcel Number: 01000700004000220000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2015
Closed on
Jul 10, 2015
Sold by
Cummings Daniel P and Cummings Maureen G
Bought by
Stahl Gregory G and Stahl Emily T
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Current Estimated Value
$5,118,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,118,066
Avg. Annual Appreciation
9.96%
Original Mortgage
$1,400,000
Outstanding Balance
$1,103,348
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$4,168,270

Purchase Details

Closed on
Jun 14, 2006
Sold by
Avalon Shores Development Llc
Bought by
Cummings Daniel P and Cummings Maureen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2004
Sold by
Harrison Lucy M
Bought by
Avalon Shores Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stahl Gregory G $2,000,000 Seaboard Title Agency
Cummings Daniel P $2,550,000 Shore Title Agency Inc
Avalon Shores Development Llc $1,600,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stahl Gregory G $1,400,000
Previous Owner Cummings Daniel P $1,540,000
Previous Owner Cummings Daniel P $1,912,500
Previous Owner Avalon Shores Development Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $2,000,000 -9.0% $518 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $2,199,000 -- $570 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,211 $2,477,400 $1,400,000 $1,077,400
2024 $15,211 $2,477,400 $1,400,000 $1,077,400
2023 $15,087 $2,477,400 $1,400,000 $1,077,400
2022 $14,072 $2,477,400 $1,400,000 $1,077,400
2021 $13,551 $2,477,400 $1,400,000 $1,077,400
2020 $13,031 $2,477,400 $1,400,000 $1,077,400
2019 $12,635 $2,477,400 $1,400,000 $1,077,400
2018 $12,090 $2,477,400 $1,400,000 $1,077,400
2017 $10,301 $1,852,700 $1,000,000 $852,700
2016 $10,190 $1,852,700 $1,000,000 $852,700
2015 $10,023 $1,852,700 $1,000,000 $852,700
2014 $9,912 $1,852,700 $1,000,000 $852,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163108

Cape May County Association of REALTORS®

APN: 01-00070-04-00022